Online Trust Registration
A Trust is a common way to establish an NGO in India. It is a legal arrangement where a “settler” transfers property to a “trustee” to manage for the benefit of a “beneficiary.” Trusts are typically formed for charitable purposes and are governed by the Indian Trust Act, 1882.
The Trust Deed:
This is the most critical legal document in forming a trust. It outlines the trust’s objectives, rules, and operational guidelines, including details of the settler, trustees, and trust property.
Online Trust Registration Process:
- Choose a unique name for the trust.
- Appoint a minimum of two trustees
- Draft the Trust Deed on stamp paper of the appropriate value.
- Submit the executed Trust Deed to the local Registrar or Sub-Registrar for registration.
- Obtain the certified copy of the Trust Deed, which serves as the registration certificate.
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Do You Have Any Questions?
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What is the difference between a Public and Private Trust?
A Public Trust is formed for charitable, religious, or educational purposes for the general public. A Private Trust is formed for the benefit of specific individuals or families.
How many trustees are required?
You generally need a minimum of two trustees to form a trust. There is no specified upper limit.
What is a Trust Deed?
This is the most important legal document. It outlines the objectives of the trust, the powers of the trustees, the beneficiaries, and the rules for managing the trust.
Where is a trust registered?
A Public Trust is typically registered with the office of the Sub-Registrar or the relevant Charity Commissioner of your state.